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To: Boplicity who wrote (70221)10/8/1998 9:37:00 AM
From: Eddie Kim  Respond to of 176387
 
>>Abbey Joseph-Cohen: leading bull Goldman Sachs strategist is lowering S&P 500 earnings estimates as corporate growth is slowing; cuts 1998 EPS estimate from $50.50 to $49 a share and 1999 EPS estimate from $55 to $52.50 a share;

Anybody who has done any research of any kind would have known this was a LONG time coming. Heck even last month Fortune magazine said earnings projections were WAY TOO high.



To: Boplicity who wrote (70221)10/8/1998 9:47:00 AM
From: Mohan Marette  Read Replies (3) | Respond to of 176387
 
Watch word for the day.

"....The guys that tough it out and build their portfolios during this downturn will be laughing all the way to the bank by this time next year."

Greg:
It is almost over guys may be one more day,I think.



To: Boplicity who wrote (70221)10/8/1998 9:50:00 AM
From: James L. Fleckenstein  Respond to of 176387
 
Did Abbey finally back away from her drunken suggestion of DOW 10, 000 by year end?



To: Boplicity who wrote (70221)10/8/1998 1:06:00 PM
From: Dell-icious  Read Replies (1) | Respond to of 176387
 
How is this figure computed? Is it a sum of the EPS of the 500 companies in the S&P 500?
Dell-icious